|
�` �� '� .• _ _ .4 .C L 'rtY.... . . . .
<br /> - . ta `-�s:� �� R ,i,��,t..._ .�la;�� �G-.<c..< la�� :
<br />.. . �� � � `- '` SS., � � • ' <St. �. • ` , �., V� ^ � 0 . �..`C f
<br /> . , ` , r'Y k— _ �' �
<br /> � . - ``. ,�� �"��o� •4• � _, . " n. . :.�-�c, � . � ..a``�Wif �C�_ 6 .� � `,� �,: � xy.� `S,.
<br /> tY. . � 'c' � �4.iY ' ' ' , t , e, ` -c� ` � , . . F . , � . � �,��;` ��.�yr4��� � �
<br /> �' . �. ,, � . . , .. , � . , - �,. � �.,
<br /> �� _ � � � . , tt; .. ,, - ,a'' -
<br /> . �. � _. � ` .. , � ` _ � ,y f�,� V. . . �. � _ `� . ` 'kt.b t � ' , �` ..lf � ` Q ) -�f_ '�Y%.L`�C+i.
<br /> .r " .f' . . ,.c , • • � c C'` y, O.,k'..i, tj�� -t: .�ec�u.
<br /> � t. " .`` 'F 5 � ,' • � � � .���' �.�.��.��� ' . . ���,�m _.
<br /> y ` ._ . � . . � ' - � �i�' ir-�t$� --..
<br /> � -� l . . . . 4'�'°n.�r' -
<br /> • . TOGETHER'W1TH ali�the impmvements ww or�isreafter erec4ed on the property.nad all easc�tc.�nt�,agpurtenaair.es,ef►d �
<br /> `•A?,� <•'` � . , '" . ` fixtures aow or hereaftes a part of tite property. A!1 replace�hents and addidvns sT�al1 ulsa be�:overed 6p this SecUrity � ' ___ --
<br /> ��� � Instrument:A�!of the foregoing is referrc�to in¢hi�Security Iastiucnent as the"Praperty.° � _.�-- -_
<br /> um rrc
<br /> � � ' gORROWER COVENANTS t?nai Borrower is lawfully�ised of the estate hereby conveyed and i�as�he right to grani and, �„�-��— -
<br /> �� �.:=r:_=--=
<br /> �`':�. � convey the Property and that t6e Property is uaena�4mbecr,s�.except for encumbrances of rccord. Bo�er warrants and will, . . ---�--=
<br /> ,_ _ _ _ defend generdlty the titte to the P�'operty a;ainst alI claims and demands.su6ject to�eny encumbrances of reaord. • �� `.
<br /> ����-`
<br /> • _ • 91-IIS SECURITY INSTRUMENT combines uniform cosrenants for national ase.and nou-urd�a"mi covea',ant�witii timmt� ' _ -------
<br /> - ' ` ` variations by jurisdiction to constitute a uniform secqrity instr�ment covering reaI progeyty. ' r -
<br /> ' UAIIFORM CdVEI�IANTS.Borrower and Lender covenaat and agree as follows: = --
<br /> , --� • 1. Pay�ent of Prindpal stad Inicrest; Prepayment and Late Ctsarges. Borcower shall ptomptly pay what due the
<br /> � . �� ' '- . principal of and irrte�est on the debt evidenced by the Note aad azsy prepayment and tate cf�arges due under the Note. �
<br /> • ' 2.Funds for Taxes and Insurancx. Subject°to applicable Iaw or to a cvritten waiver by I.aider.Borrower shall pay to
<br /> . : . �'-: Lender on the day monthly payments are due undeT the Note,until the Note is paid in full,a sum(°Funds")for.(a)Yearly tax�s • _
<br /> `1. ,;, � . aad assessments alhich may suain priority over this Security In..��rrLt as a lien on the Properry;(b}yc�arly teas'ehoid paymelcu.
<br /> � �, t • . or g�und reats on the Property,if any;(c)1'earlY hazard or pmperty i�urance premi�ms:(d)Yea�tY ftood insnrancC pt�emium§, .
<br /> � " . . if any:(e)Year1Y nWrtgage insutance premiums.if any;and (�anY sums payable by Borrower w Lender. in acoordadi¢e svith
<br /> .; :��4��'� � . ' the pmvisions of paragraph 8.ia lieu of the paymeirt of mortgage insurance p�eniIums.Tkess items are c�ed"Escrow tter�s." �
<br /> �` Lender may,az any time,cotlect and Aold Funds ia an amouat not to exceed the ma=��+um�nount a tend�r for a Pefiraally
<br /> `��` ..`' `. ' � • related mortgage loan may reqaire.for Sorrower's escrow account nnder the fedeial Real Estate S�ttement Procedures Act of '.
<br /> f' � • 197g as amended from time to time, 12 U.S.C. Section 26fl1 et seq.("RESPA"),nuless anathsr!aw t6at applies to the Pusids
<br /> ,•. . . .. .
<br /> .. _:�:__...�.._.. :. -
<br /> ,: .,�.. .: ' • .;_�a. sets a lesser amount.If so.Lender may.az any time..coIlect and hold Fands in aa amowu not to exceed�z tessar a�t. �
<br /> •,.:i; .
<br /> (,ender may estimate the amouat of Funds due on t��t�asis of current data and reasonable estimates o�expenditares of fuuue
<br /> - ` Fscrow Items or otherwise in accordance with appli�=:z law.
<br /> �� . . , � .' , � The E�rls shall be heid in an instimtion whose deposits are insured by a federal ageacy, instrumentality. ot eatity
<br /> •.• • • - . (iricluding�.ender.if Lender is suc�dt an i�titurion)o:in any Federal Home Loan Bank.Lender shall apply the Fuacts to pay che .
<br /> ,�',: � . � • Fscrow Itenis.Lender may not�harge Borrower for holding and applying the Fuads,annually as�alyzing.the escrovi accaunt,or ' . �
<br /> • � _, � � verifying ths Fscraw items,unless I�er pays Borrower interest on the Fwids and applirabte law perwits Lender to make sach' _ �
<br /> • ' � a charge.I�awever.Lender may requi�Sorrower to pay a one-ti�:,cfiarge far an independeni real estate tax reporting service
<br /> ... �• �� used by Lender in connection with this loan, untess appliqb4e Iaw provides otherarise. Un:zss an agneement is made ar �
<br /> � .. .� � � ' applicable law requires interest to be paid.L.ender shall not be required to pay Borruwer any i�teresCar eaznings os►ttie Funds. .
<br /> . ,�� � . Borrower and L.ender may agree in writing.however,that interest shall be paid on the Funds. Lend�r shal3 give ta Borrower,
<br /> � • without charge, an annual accounting of the.Funds, s�owing credits and debiu ta the Funds and the purpose for which each ��__
<br /> � debit to the Funds was made.The Funds are pledged as'additional security for all sums secured by this Security Instnunent.
<br /> � � . � If the Funds held by Lender exceed the amounts pernritted to be hetd by applicable law.I�nder shall accoum to Borrower
<br /> . ' � . • tor the excess Funds in accordance�vith the requirements of appa�3te law. If the amount af the Fands held by Lender at arty
<br /> ' , time is aot sufficient te.,�ay the Esccow Items when�:a.I.ender may so notify Borrower 9n writin�.and.in such case Banower '
<br /> '��•,�� � shall pay to Lender the amount rtecessary to make up the deficieacy.Borrower shall make up the deficiency in no mo�e than
<br /> a � , twelve montlily payments.at Lender's sole discrztion. ' �="`�
<br /> . '�� �t�- Upon payment in full of all sums secured by this Security Insuument, Lender shatl E:omptly refund to Borrower any =
<br /> ;. . . " '� • � Funds held by Lender.If,under paragrph 21.Lender shall acquire or sell the Property.Lender,prior to the acquisition or sale �_?._-
<br /> . _ . � . � of the Property,shall apply arry Funds held by LenL'.,°r at the time of acquisidon or sale as a credit against the sums secured by -==�
<br /> • . ..-�: . . �_
<br /> this Security Instrument. -
<br />� • . ` 3.Applicatfon of Payments.Untess applicable law provides otherwise,all payments received by l.endzr under paragraphs =�
<br /> �•, , ' _ 1 and 2 st:ll be applied: first.to arry prepayment charges due und�the Note;second,to amounts payable under parag*aph 2; ' �"�
<br /> , �. � � � third,to irr.Prest due:fourth,to principa!dae:and last,to any late c:�ar�es dae under the Note. ' `.;rY .,
<br /> ° �� • �� 4.Chasges;l.tens. Borrower shall pay all taxes, assessments.charges, tines and impositions attributzb:e to the Property ��` -
<br /> �� �� : which may aitain priority over this Security Insttu:,,�:t. and leasehold payments or ground rents, if any. Bonower shall pay Y T
<br /> t h e s e o b l i t i o n s i n t h e m a n n�r r c��i d e d i n a ra ::2.or if not aid in that manner,Borrower shall them or.time directt ���-
<br /> . S. . . • .. Sa P P � P P PaY Y � �;a�'3t�+r:�,�''r�,:
<br />-� to the persca owed payment. Borrower shall promptly furnish to ir_ader all notices of amour�:�to be paid under this paragraph. . •�•:••�,: _ ,
<br /> ' • lf Borrowe makes these payments directly,Borrower shall promptL�fumish to Lender receip*s evi dencing t he payments. . ' ��`
<br /> '��t • . .. . -
<br /> � . • • . 8orrower shall pzor��dy dischurge any lien wh:ch has prioriry over this Security Instrument unless Borrower. (a)agrees in � _, --
<br /> t V• .: wriung to the payment o°the obligation secured by c;:e lien in a manner accep3z3:e to Lender:(b)wntests in gqod faith the lien. ., � _
<br /> :,: ;� •,. . : by, or defends against enforcement of the iien im. �ega] proceedin;s which i� the Lender's opinion operate to prevent the � • , Tf
<br /> enforcement of the lien;or(c)secures from the holder of the lie;r z:�agreement satisfactory tv Lender subordinating the�lien to '�'�`
<br /> this Secnrity Instrument. If L.ender de:.e�mines that any part of the Praperty is subject to a lie�s whlch may attain priority over ,°•
<br /> i `�;, • � this Securiry Instrument. �.ender muy give Borrower a notice identifying the tien. Bo�TOwer shall satisfy the lien or take one or _ . , .
<br /> '�``� ' m�re of the actions set fc�th above witbin 10 days of the giving of rtotice. ' �
<br /> `t,�,•` . • � Form3028 9/90 � .
<br /> •��' :.. . ... Peae2oie � '�
<br /> : �. • ' . ' ,
<br /> :�. .. � - � . . � � ' r
<br /> ., *+' . .� , ' � . ., ' ' ' . . .. ... ., - . , � � • - . _ ... . . . _ . t,. � . .
<br /> - �.' , � ; . - � _�. , .. �. �f '� . , ' � • . - - .. � •: - � � • � � .. ' . -. ' . - '
<br /> :� ` . . , . . � . . . ' � A� . ' . � , - . . . . .
<br /> . �.. . . �
<br /> , '. . . • . - . , .. .
<br /> t� .
<br /> . � . . . .
<br /> . . ___— ___'_ _ ._. __.__ .._._—___-_.___._ .._..._.._ _.__ . _.__ ._ ._.__ __ __—- --. _— _____ ____..__. __ _ _ _._..
<br /> r . -. . . . ._. . . - . . .— — _ .,— __
<br /> ' 1 � . ` . ` .. •.. ; . ' ' � . . II , � .. ', . � .. . � ` � . .. - . . -
<br /> '� ' �• :.. .' � � ' t ` . . . . � ��. � .' � . • . • ' , . �� ,.. � , ' � .. . . . _ �• 7. � . �
<br /> �'� � , . '
<br /> ' .� . .� . . ' . � . :. _ .
<br /> . : . .
<br /> . .
<br /> _
<br /> � ..._..._.•'
<br />
|